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The mortgage clause for JP Chase Bank offers mortgage name and address listed as loss payee under the mortgagee clause.
No. The mortgage is a lien. The mortgagee clause generally refers to a provision in the homeowner's insurance policy providing that loss to mortgaged property is payable to the mortgagee named in the policy and promises advance written notice to the mortgagee of policy cancellation.
The mortgagee clause for JP Morgan Chase is, JPMorgan Chase Bank for most instances. The exception is for hazard and flood insurance. In this case it is, Chase Home Finance LLC.
It's best to call their Customer Service Department to get that information. Depending on the type of loan, the mortgagee clause may vary. Their staff can look up your loan and give you the information that you need. They're there 24 hours a day, seven days a week at 800-236-8866.
I thought the mortgagee was the bank, and that the owner would be you. So if this is true, the mortgagee and the ownership are almost never the same. Maybe do you mean to ask "what if the mortgagor (the borrower) and ownership are not the same"
There are several different mortgages available. Each type of mortgage has dozens of different clauses. A mortgage clause can be a remedy to a specific situation.
It means your mortgage company/loan ownership has changed. Your loan may have been sold and now the entity holding the lien on your property's "legal name" has changed. Or, your original mortgage company may have merged or been bought out -hence the entity's legal name change.
Quicken Loans Inc. ISAOA P.O. Box 717 Amelia, OH 45102
Bac home loan servicing lp isaoa/atima po box 961206 fort worth tx 76161 --- trust this for now .but the address changes alot with mortgage companies...this address has been used since about June of 2010
Luis Polonia's birth name is Luis Andrew Polonia Almonte.
Polonia Bydgoszcz was created in 1946.
Miss Polonia was created in 1929.